Citizens Holding Company: Why I'm Not Buying Its High Dividend Yield [Seeking Alpha]
Citizens Holding Company (CIZN)
US:NASDAQ Investor Relations:
investor.citizensholdingcompany.com
Company Research
Source: Seeking Alpha
Summary CIZN's earnings decreased compared to last year. The decrease was due predominantly to a sharp spike in interest expense. CIZN has a payout ratio of 90%. Well above the 60% threshold we use in our dividend stock screener. We are continuing to research in our quest to identify undervalued dividend growth stocks in the community banking sector. While screening stocks today, I saw one community bank with a dividend yield over 4%. The high yield caught my attention. But one important lesson I've learned and can't stress enough is not to invest solely because of dividend yield. Dividend yield should be only one of the important metrics you use to evaluate investment decisions. So, today, I will review Citizens Holding Company ( I mentioned earlier that I loved the bank's dividend yield and the size of the bank. Thus, it was worthwhile for me to start looking under the hood of the bank. CIZN's most recent financial statements were filed as of 9/30/19. So, I will be reviewing their F
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CIZN
News
- Citizens Holding (NASDAQ: CIZN) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Citizens Holding Company Reports Earnings [Yahoo! Finance]Yahoo! Finance
- Citizens Holding Company Reports EarningsBusiness Wire
- Citizens Holding (NASDAQ: CIZN) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Citizens Holding (NASDAQ: CIZN) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
CIZN
Sec Filings
- 3/29/24 - Form 10-K
- 2/16/24 - Form 4
- 2/9/24 - Form 4
- CIZN's page on the SEC website